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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Apartment buildings
698 Comanche Dr Arvin, CA 93203
Individually Owned
~
Est. High Equity
Property ID
US09-1784303
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1945
Construction
WOOD
Total area
3,764 SF
Lot
1.87 ac (81,457 SF)
Zoning code
R-1
APN
191-060-07-00-2
UPID
US09-1784303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$855k
Owner & transaction history
Martin Partida
Martin Partida
since 2025
Last sale
$972,500
7 recorded transactions
Zoning & alternative use
R-1 · Arvin, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+131.5%
Medical building
$795,000
+41.4%
Office building
$730,000
+30.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arvin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$860,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$665,000
7%
$620,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,300,000
Change: +131% · Conversion: Difficult
MEDICAL BUILDING
$795,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$730,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$520,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $973k (Mar 28 2022)
Last sale anchor
$973k
Mar 28 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$227 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,928
Tax year 2023
Assessed value
$989,400
Assessed 2023
Previous assessed
$989,400
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$204,000
Assessed improvement
$785,400
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
7
Total area
3,764 SF
Lot
1.87 ac (81,457 SF)
Zoning code
R-1
APN
191-060-07-00-2
UPID
US09-1784303
Jurisdiction
KERN
Zoning & alternative use
R-1 · Arvin, CA
Zoning R-1 · permitted uses
R-1 · Arvin, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arvin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$795,000
OFFICE BUILDING
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$520,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
7
Lot
1.87 ac
Current owner
From public records · entity-resolved
Martin Partida
Individual
Mailing address
1153 E TAMARIND AVE STE #7, LOS ANGELES, CA 90038-1963
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2025
$844,720
Martin Partida
Enedina R Felix
Trust Deed
related
—
Mar 28, 2022
$972,500
Enedina R Felix
Salvador Partida
Grant Deed
$722,500 · Salvador Partida
Mar 28, 2022
—
Enedina R Felix
Ramon Lopez Galindo
Intrafamily Transfer
related
—
Jun 16, 2011
$214,000
Salvador Partida
Gutierrez,norma J
Grant Deed
$155,000 · Norma J Gutierrez
Oct 15, 2010
$125,000
Norma J Gutierrez
Lara,jose T
Grant Deed
$60,000 · Hunter Family Trust (pt)
Oct 31, 1996
$61,500
Jose T Lara
Valdez,ismael H & Armandina P
Grant Deed
related
$56,015 · Seller
Oct 15, 1992
$160,000
Ismael H Valdez
Pulido,alfonso
Grant Deed
$120,000 · Great Western Bank
—
—
Jose T Lara
—
Deed Of Trust
related
$165,000 · Interbay Funding LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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